Energy-Saving News

UK Energy Prices Will Only Go Up

Posted on 21. Sep, 2009 by Ross in Energy Prices, United Kingdom

The big six energy suppliers have told the regulator Ofgem that there is little chance of any further cuts in their tariffs this coming year, responding to calls from Ofgem for them to pass on more of the recent falls in wholesale energy costs.

Ofgem estimates lower costs will boost suppliers’ gross profit on each dual-fuel customer by

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Tags: Ofgem, price rises, uk